Author name: Ricky Vasquez

Mortgage banking units operated by major U.S. homebuilders saw their pre-tax income slide for the period ended March 31, reflecting the significant year-over-year declines in net income for the period ended March 31 was reported at a quartet of U.S. homebuilders. Processing Content Some analysts are even warning of a lost earnings season for the […]

Toll Brothers, one of the largest homebuilders in the United States, is acquiring a private homebuilder based in Fayetteville, Arkansas. Processing Content Headquartered in Fort Washington, Pennsylvania, Toll Brothers’ purchase of Buffington Homes of Arkansas will expand its national footprint with a strong presence in northwest Arkansas, the company said in a press release Tuesday.

Processing Content Key insight: Treasury Secretary Scott Bessent backed the president’s call in his 2027 budget for a 60% reduction to the Community Development Financial Institution Fund, arguing it had a “partisan agenda.” Supporting data: The president’s budget cut more than $204.5 million from the fund’s budget for fiscal year 2027.  Expert quote: “They’re sustaining